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BUSINESS

Coastal highway: What we built in six years was demolished in six hours – Landmark

A part of Landmark Beach on Victoria Island, Lagos on Monday was demolished to give way to the Lagos-Calabar Coastal Highway, Nigeria’s biggest public infrastructure project. This is despite the outcry in some sections about the potential jobs and means of livelihood that will be lost. Meanwhile, the Minister of Works, Dave Umahi, while defending the demolition noted that the move was necessary considering the landmark centre was located on […]

todayMay 1, 2024 14 1

ENTERTAINMNET

South African police arrest six for murder of rapper, AKA

South African police have apprehended six suspects connected with the murder of popular rapper, Kiernan Forbes, mostly known as AKA, and his close friend, celebrity chef and entrepreneur Tebello “Tibz” Motshoane. The duo were murdered on February 10, 2023, while walking with a friend outside a popular Durban restaurant hours before he was to perform at a nearby club. AKA started his musical profession as part of the rap group […]

todayFebruary 28, 2024 8

BUSINESS

Foreign airlines repatriate N795bn in six months – CBN report

Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines withdrew (as debits) $1.76bn (converted to naira at N451/$) in the first and second quarters of 2023. Total credit to the Balance of Payment account from airline travel was $19.39m (N8.75bn). The amount on the debit side of the balance […]

todayJanuary 19, 2024 34

BUSINESS

Foreign airlines repatriate N795bn in six months – CBN report

Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from the apex bank’s Balance of Payment compilation revealed that airlines withdrew (as debits) $1.76bn (converted to naira at N451/$) in the first and second quarters of 2023. Total credit to the Balance of Payment account from airline travel was $19.39m (N8.75bn). The amount on the debit side of the balance […]

todayJanuary 19, 2024 40

NEWS

Six die, 11 injured in Kaduna–Zaria Expressway auto-crash

Six persons have died while 11 sustained injuries in a multiple road crash on the Kaduna-Zaria expressway. The Federal Road Safety Corps, Kaduna Sector Commander, Kabir Nadabo, said the accident occurred at Aliko filling station on the Kaduna-Zaria expressway on Tuesday at about 06:25hrs. Nadabo attributed the multiple accidents to speeding and dangerous driving, which resulted in the temporary halting of the movement of motorists. He, however, said that the […]

todayJanuary 2, 2024 39

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